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IRA 72(t) SEPP rules for separate accounts
I am 58 (59 next month) and currently have alimony (taxable, prior to 2017) as my only source of income. I expect additional income in the future but meanwhile I established 72(t) SEPP from my IRA to help pay the bills. I understand I cannot change the balance in the IRA account that the 72(t) payments draw from. My question is, when I do have that additional income, can I make contributions to a separate/new IRA account?
‎December 15, 2023
11:09 AM